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We are pleased to present 3310 Palm Avenue, a well-maintained triplex offering an excellent opportunity for both owner-users and investors. The front of the property features a detached 3-bedroom, 2-bathroom residence (1,220 sq ft), which will be delivered vacant. The rear structure, constructed in 1990, consists of a duplex with two 2-bedroom, 2-bathroom units, along with a bonus room above two single-car garages. Both buildings have been recently improved with new roofs, updated electrical panels, and include in-unit laundry hookups. The two rear units are currently rented at $2,787 each, and the front house is projected to rent for approximately $3,400, bringing total potential income to nearly $9,000 per month. If fully leased, the property is will operate at a 6.51% CAP rate and 11.14 GRM. Based on current financing assumptions, the property is projected to generate over $20,000 per year in positive cash flow. Ideally located near Lynwood High School, Lynwood Park, and Plaza Mexico, with convenient access to the 105 and 710 freeways, this is a compelling opportunity for an investor or an owner-occupant looking to offset their mortgage with strong rental income.
Property Type(s):
Residential Income
| Last Updated | 4/28/2026 | Year Built | 1990 |
|---|---|---|---|
| Community | RM - Lynwood | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Apr 28, '26 | $1,225,000 |
|---|---|
| Apr 28, '26 - Today | $1,200,000 |
Additional Details
| AREA | RM - Lynwood |
|---|---|
| GARAGE | Yes |
| LOT | 8146 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 8147 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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